In these troubled times - monkey business
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In these troubled times - monkey business
Nothing to do with anything very much, but thought you might like:-
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest, and started catching them. The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers.
'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.'
The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man, nor his assistant again, only monkeys everywhere!
Now you have a better understanding of how the stock market works. "
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest, and started catching them. The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers.
'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.'
The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man, nor his assistant again, only monkeys everywhere!
Now you have a better understanding of how the stock market works. "
Chris Drew- New Member
- Number of posts : 6
Age : 82
Location : Craig y Don, Llandudno
Registration date : 2008-04-18
Re: In these troubled times - monkey business
Chris Drew wrote:Nothing to do with anything very much, but thought you might like:-
"Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest, and started catching them. The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers.
'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.'
The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man, nor his assistant again, only monkeys everywhere!
Now you have a better understanding of how the stock market works. "
I have never understood it, nor had any reason to, but now all is clear. As I always thought- we are being ripped off!!!
Never mind, the only people that worry about money are those that have got it!!!!!
viv.perry- New Member
- Number of posts : 21
Age : 78
Location : Plas Blodwel
Registration date : 2008-03-26
Re: In these troubled times - monkey business
So - the fabled secret Viv Perry millions are not at risk then? That's a relief! This means you must have invested it all wisely and safely in enduring commodities like fine jewellery, toyboys and creamcakes.
Chris Drew- New Member
- Number of posts : 6
Age : 82
Location : Craig y Don, Llandudno
Registration date : 2008-04-18
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